The buyer purchasing power index continued to fall in Q3 2018.
Press release: Buyer purchasing power index plummets in Q3 2018
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Income Property Brokerage
Stay a step ahead of investor pitfalls by learning the ins and outs of various types of income properties. Stay current on the latest news, videos, forms, and updates for Income Property Brokerage.
Recent updates to the course e-book
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
Rising interest rates drag down refinances; Monthly Statistical Update (October 2018)
Key short-term rate rises; ARM rates inch higher; Fewer refinances going forward
More one-person households buying homes
More singles are striking out on their own to become homeowners.
Jobs, home sales, agents – peaked or not quite; Monthly Statistical Update (September 2018)
Jobs move real estate; Sales agent licensing and home sales volume move in tandem; Sales agent licensing and renewals to slip
Rising Baby Boomer and young adult populations look for home; Monthly Statistical Update (August 2018)
California’s growing population in search of housing; Homeownership strongest among older generation; First-time homebuyer population rises, homeownership remains down
Home prices run away from incomes, for now
Today’s volatile relationship between incomes and home prices is ripe for a correction.
Stock and interest rate movement now signal the coming recession; Monthly Statistical Update (July 2018)
Stocks begin to stumble, real estate will follow; ARM rates rise tracking the Fed rate creep; Higher FRM rates portend slowing sales volume
Press Release: Buyer purchasing power continues down
California’s Buyer Purchasing Power Index (BPPI) declined to -6.9 in June 2018.
Does issuance of a conditional use permit change a property’s occupancy?
Harrington v. City of Davis Facts: The owner of a residential property obtains a conditional use permit to use the property as a commercial space. When the permit expires, the owner reverts the property back to residential use but no certificate of occupancy is...